Bourbon, IN vs Milroy, IN

Bourbon is moderately more affordable than Milroy, with a 12.4% lower cost of living index. Bourbon scores 71 compared to 81 for Milroy, where the US average is 100. This difference means residents of Milroy can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Bourbon are $156,800 compared to $105,000 in Milroy, a 49% gap.

Median household income in Bourbon is $71,375 compared to $81,875 in Milroy (-12.8%). While Milroy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.